Spot gold slid over $20 intraday to below $4,330/oz, down 1.10% on the day.

On Sept. 21 Foreign Ministry spokesman Guo Jiakun said Russia on Sept. 18 notified Japan about a US deployment of the 'Tiefeng' medium‑range missile system to Kyushu and that China has also recently raised concerns with Tokyo. Guo called the system a strategic offensive weapon, said Japan’s adoption is further evidence of accelerating remilitarization, and warned it increases the risk of military confrontation and an arms race, threatens strategic balance and regional stability, and harms neighbouring countries’ legitimate security interests. He said China has repeatedly lodged strong protests through diplomatic channels and has recently notified Japan to reiterate its stern stance; he added many Asian publics have voiced opposition and the international community is highly alert.

Industry officials expect India’s 2025/26 edible oil imports to rise 3.6% to a record 16.55 mln t.